Operating Expenses

D&A

Shopify D&A remained flat by 0.0% to $7.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.5%, from $8.00M to $7.00M. Over 3 years (FY 2022 to FY 2025), D&A shows a downward trend with a -30.7% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026May 5, 2026

How to read this metric

Higher levels often indicate significant recent capital investment or large historical acquisitions, while lower levels may suggest aging assets.

Detailed definition

Depreciation and amortization represent the systematic allocation of the cost of tangible and intangible assets over the...

Peer comparison

High in capital-intensive industries like healthcare and manufacturing; peers often report this as a significant non-cash drag on earnings.

Metric ID: depreciation_and_amortization

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$23.25M$23.25M$23.25M$23.25M$17.50M$17.50M$17.50M$17.50M$10.00M$10.00M$8.00M$8.00M$8.00M$8.00M$8.00M$7.00M$7.00M
QoQ Change+0.0%+0.0%+0.0%-24.7%+0.0%+0.0%+0.0%-42.9%+0.0%-20.0%+0.0%+0.0%+0.0%+0.0%-12.5%+0.0%
YoY Change-24.7%-24.7%-24.7%-24.7%-42.9%-42.9%-54.3%-54.3%-20.0%-20.0%+0.0%-12.5%-12.5%
Range$7.00M$23.25M
CAGR-25.9%
Avg YoY Growth-27.6%
Median YoY Growth-24.7%

Frequently Asked Questions

What is Shopify's d&a?
Shopify (SHOP) reported d&a of $7.00M in Q1 2026.
How has Shopify's d&a changed year-over-year?
Shopify's d&a decreased by 12.5% year-over-year, from $8.00M to $7.00M.
What is the long-term trend for Shopify's d&a?
Over 3 years (2022 to 2025), Shopify's d&a has grown at a -30.7% compound annual growth rate (CAGR), from $93.00M to $31.00M.
What does d&a mean?
The non-cash expense that spreads the cost of physical and intangible assets over their useful life.